AMMAN - Aqaba Container Terminal (ACT) on Wednesday officially launched its new maritime service within the global Gemini Cooperation, enhancing Jord ...

Vincent Clerc stressed it would cost "hundreds of millions of dollars" if the ocean carrier brought vessels back to the Suez ...

Following their third-best year ever in 2024, Maersk's balance sheet is in good shape, boasting a net debt/EBITDA ratio of close to zero despite significant capital expenditures and acquisitions over ...

Bunkerspot provides news, in-depth analysis, expert comment and price indications for the global marine fuels industry ...

German liner company Hapag-Lloyd is favouring a return to South Korea’s Hanwha Ocean for its next tranche of LNG dual-fuel ...

Maersk and Hapag-Lloyd have published their 2024 financial results, with Maersk reporting a 65% increase in EBIT to USD 6.5 billion, while Hapag-Lloyd’s EBIT grew slightly to USD 2.8 billion.

Container shipping liner Hapag-Lloyd will be able to cope with the advent of U.S. tariffs on Chinese products, its chief ...

The financing for the ships consists of company funds, bilateral mortgages, leasing, and a syndicated credit facility.

Container shipping liner Hapag-Lloyd will be able to cope with the advent of U.S. tariffs on Chinese products, its chief ...

Hapag-Lloyd has secured financing for more than $4bn-worth of boxships ordered in October. Yangzijiang Shipbuilding will ...

Hapag-Lloyd has concluded green financing worth around US$4bn for 24 large container ships ordered in October 2024 with a combined capacity ...

Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still avoid the Red Sea.